advancedpaterns

Predictions

For weeks I've been looking at the potential Bearish Cypher on USDJPY on Daily Charts, and this week market hit the entry level.
As you can clearly see the stop loss is so huge if you enter right away at completion level, so I was waiting for the market to go further in the PZR in order to get less than 100 pips stop.
Currently there is less than 100 pips and ...

GBPUSD is in a clear bearish trend on 15M, and market gave me a potential entry in order to hop on that bearish trend.
Market is forming a potential bearish Advanced Harmonic Pattern - Bearish Cypher, that is perfectly aligned with the bearish trend.
Since we are in an establish trend with no recent structure level to the right I'll go for extended targets(retest ...

I've spotted another Advanced Harmonic Pattern on yen pairs, this time I have a potential Bullish Cypher on my eyes, on 15M.
Here are the Entry, Stop and Target Levels:
Entry @ 127.76
Stop @ 127.24
Initial Target 1 @ 128.22
Initial Target 2 @ 128.50
Try not to overextend in yen pairs, because there is the almost the same setup on GBPJPY
Good Luck!

On GBPJPY, I have my eyes on potential Advanced Harmonic Pattern, and this will be a Bullish Cypher on 15M.
This Cypher barely touches 1.272 but we still have a valid C point :)
Here are the Entry, Stop and Target Levels:
Entry @ 145.52
Stop @ 144.90
Initial Target 1 @ 146.06
Initial Target 2 @ 146.64
Good Luck!

in the chart you can see the potential bat pattern in this currency. We have a nice bullish engulfing candle at the C leg. I think we have a pullback first and then the price will fly. After that we have a great short opportunity on this pair. I drew All of the entry point and stop loss in the chart.
I think the news that will publish also help the pair to fly, ...

Shown is an emerging Bat Pattern coming out of a very strongly trending bullish reversal. Short entry / TP at 'D' completion point.
Target 1 is .382 of CD
Target 2 is .618. of CD
The risk reward on this trade is decent at 2.74, with stops shown at about $18.80 USD for Mega bullish move. In such a situation, I'd expect to see action reach for the upper ...